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Frontline Plc V.FRO.UN


Primary Symbol: FRO

FRONTLINE PLC is a Cyprus-based company primarily operating in the transportation sector. The Company's main focus is on seaborne transportation of crude oil and refined products. The Company owns and operates a fleet consisting of multiple VLCC, Suezmax and LR2 / Aframax tankers intended for freight of oil and cargo. The Company operates worldwide.


NYSE:FRO - Post by User

Comment by Martincaton Nov 18, 2020 9:19am
90 Views
Post# 31921097

RE:Share consolidation

RE:Share consolidation Reverse split can work in many ways....FRO nows trade above the post consolidation price of $6.50....That makes it more interesting for institutional investors and nothing is changed for unitholders....If the share price dips below $6.50...it becomes an opportunity to ad more...FRO has good metrics and has done well during this pandemic...It will do better post pandemic...Another possibility is that FRO could be included in a TSE index in the future and unitholders would surely profit greatly...JMHO!
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